News

KLH Capital Completes Recapitalization of BMI Merchandise

KLH Capital is pleased to announce it has partnered with the founders of Bonita Marie International (“BMI Merchandise” or the “Company”) to complete a recapitalization of the company.  Based in Lakewood, New Jersey, BMI Merchandise is a leading distributor of merchandise used in redemption centers, direct-pay games, tickets or points-to-prizes games, and prize hubs located in family entertainment centers (“FEC”), amusement arcades, bowling centers, restaurants, cruise ships, movie theaters, theme parks, skating centers and sports complexes.  BMI Merchandise’s proprietary information technology infrastructure allows customers to monitor and manage store inventory, automate merchandise restocking, and collect data required for ongoing merchandising…

Mid-State Completes Add-On Acquisition

KLH Capital is pleased to announce that its portfolio company, Mid-State Machine and Fabricating, Inc. (“Mid-State”) has completed the acquisition of International Machine & Welding, Inc. (“IMW”). The purchase of IMW enables Mid-State to develop a dedicated pump rebuilding facility and increase its overall fabrication capacity. The IMW purchase also gives Mid-State the distinction of having the largest boring mills in the entire Southeast, which is critically important to the company’s commitment to servicing its customers large pump rebuilding needs. Mid-State CEO, Hal Kersey, explained, “the addition of IMW significantly increases our pump business and eliminates congestion in our general…

URETEK Holdings Becomes Ground Works Solutions

Lakeland, FL, May 31, 2016 – URETEK Holdings, a full-service provider of geotechnical construction and infrastructure rehabilitation services, announced today that it has officially changed its name to Ground Works Solutions, Inc. The new name illustrates the company’s commitment to building upon its current products and services as well as expanding its offerings to meet the challenges of an ever-changing marketplace. A new logo, marketing message and website (www.groundworkssolutions.com) has been unveiled. “The new logo reflects all aspects of the earth strata that we can strengthen and restore,” said Richard Kelecy, CEO at Ground Works. “The name change better reflects the fact that we…

A Prosperous Year for KLH Capital

Like many of you, KLH Capital welcomes the new year as an opportunity to reflect upon the prior year’s success and commit to new goals. 2015 was a highly productive year for KLH Capital. We invested in three new businesses, exited our first investment in KLH Capital Fund II and added some great new folks to the team. We did it with your trust and partnership and we thank you for the support.  As we plan for 2016 and resolve to build upon nearly 30 years of investment history, let’s first celebrate 2015’s achievements. In April, we welcomed Ronald Moore as an associate…

Divestopedia Asks KLH Capital’s James Darnell about Family Successions

James Darnell discusses how to identify the right equity Partner, what to expect during the process, ow private equity assesses potential investments and how such a partnership can help a company grow faster.

Atchafalaya Measurement Completes First Add-On Acquisition

KLH Capital is pleased to announce that its portfolio company Atchafalaya Measurement, Inc. has completed the acquisition of Wildcat Measurement Service, Inc. (“Wildcat”). Wildcat, based in Artesia, NM, is a leading provider of oil and gas measurement equipment and services, servicing the Permian region. Wildcat has an outstanding reputation for providing safe, high quality, and reliable measurement services over the last 21 years. Wildcat co-owners Karl Haeny and Don Norman commented, “Combining with AMI allows Wildcat to offer our customers expanded measurement services and locations, while staying true to our promise to exceed customer expectations.” Dal Miller, CEO of Atchafalaya…

KLH Capital Exits Investment in Federal Resources

KLH Capital is pleased to announce that it has exited it’s investment in Federal Resources Supply Company (“Federal Resources” or the “Company”) in a management buyout transaction that was supported by Alaris Royalty Corp. (“Alaris”). Federal Resources, based in Stevensville, MD, is a leading value‐added provider of mission critical chemical, biological, radiological, nuclear and explosive (“CBRNE”) detection and protective products and solutions for defense, first responder, homeland security, and maritime end users. Robbie McWilliams, CEO of Federal Resources, led the transaction for the management team who, with the exit of KLH and other minority shareholders, became the majority owners of…

Private Equity & Exit Planning, A Mechanism to Unlock Shareholder Liquidity

In this introductory presentation, you will learn how private equity groups select investments, how they value businesses and the types of transactions through which they invest.

Introduction to Private Equity

In this introductory presentation, you will learn how private equity groups are organized, when private equity capital should be considered, how the private equity industry values business and common mistakes that affect an owner's exit.

KLH Completes Second Platform Investment in May

KLH Capital is pleased to announce that it has partnered with Equis Capital Partners and the management team of Decora Industries Inc, dba Data Display Systems (“Data Display”) to complete a recapitalization of the business. Data Display, headquartered in Philadelphia, PA, is a provider of electronic video, audio, and lighting solutions to the point-of-purchase (“POP”) displays and fixtures markets.  Founded in 1968, the company has grown into a national supplier of customized electrical components and products that enhance POP displays and fixtures for a diverse customer base of consumer products companies.  The company has an unmatched industry reputation of excellence…